Another low volatility scenario on MAKER This is a good entry for another move upwards on the coin Low volatility is normally a good sign for an entry point
Taking a look at MKR on the daily time frame we can see that it is currently testing even with the February 2021 swing high level placed at the $2696 - $2837 zone. During the last week of June and going into the start of this month, all the top cryptos sold off a bit to stop out the over-leveraged longs before moving back up. The bull run isn't over, it's just a...
Buy at price when the top resistance is broken and flipped into support at entry price of $2214. (Green trend line)
MAKER idea Double bottom will likely form at .618 retracement level Eve and Adam formation also present which is a good sign
Maker has formed a reverse head and shoulders pattern and looks ready to move up to test previous resistance/support. *This is not investments advice, trade at your own risk.
This trade is a mid / long term trade. MKR BTC 4h Downward wedge bouncing between .382 & .236 fibs. We want to break above the resistance we are getting from avwaps monthly open and all time high. Break up and retest will signal a continuation. successful retest of the RSI 50. This is not financial advice. I just like to draw lines and color. -fibognocchi
MakerDAO, Lightning Labs are in World Economic Forum's list of tech pioneers for 2020 Maker is an ERC20 token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to manage another Ethereum token, the DAI stablecoin, that seeks to trade on exchanges at a value of exactly...
Hello!!!😄👋 I am more bullish... (20 bars/$9.97) is a conservative target in relation to past trends 🐮. Bearish target 1 would be our blue support line at ~$6.201🐻. I appreciate if you take the time to consider my analysis, would also love to see your viewpoint if you would like to share, now let's take a look. 🔍👀 Was just taking a look at Maker Dao recent and...
Hello there, this chart is just for reference on a lower TF. Thank you for understanding. 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋♀️🙋♂️❓,...
Hey guys, might look like compound is following maker for 47% gains, just a few days later. Compound is also #1 in lending locked up compared to maker #2, so might be a little muted. Thoughts?
After the impulsive wave ⏫, we just had, I am looking for a 50 % fib retracement to our target buy 😍 ~7.29. Once that is achieved Maker DAO will have enough strength just as it did in previous March breakouts, and will push to our target sell ~8.5-9.0. The black horizontal lines depicted above also create a support rectangle. Please watch BTC for a sudden fall if...
THIS IS NOT FINANCIAL ADVICE BLACK LINES are support. RED LINES are resistance. BLUE LINES are trends. TRADE IDEA: MKR should break resistance at $2300, and then next resistance is $2800. If we can break through those resistances we should find it going straight up to $3100 where it could potentially break and make a new high. FUNDAMENTALLY Maker (MKR)...
Idea regarding MAKER Can see some similarities regarding the green ovals with reference to the RSI RSI has reached a strong horizontal level which was formed early in the coins inception I am long this coin
Maker DAO’s MKR token is one of the oldest DeFi assets. Like many other crypto assets, it posted stellar gains this year. Yet in BTC terms, it’s still well below its all-time high of 0.18 that was observed in 2019. After a surge to above 0.08 BTC (a level also last seen in 2019), MKR was heavily sold throughout February. We’ve asked Hybrid Intelligence the...
Warning: our thoughts are ours; not financial advice. We believe Maker is cheap right now. If we keep in the channel, we should be looking at a potential short-term target of about $3,900 per token.
Both pairs exhibit horizontal movement following a breakout Any find displaying this horizontal movement will likely break up to the upside, as demonstrated between these two MAKER has a sharper rise compared to REN while breaking out Similar moving average scenarios can be seen aswell Main point to take away from this post is the potential of horizontal...
Comparison between early formations within BLX (bitcoin) and MAKER (MKR) I believe maker has massive upside potential, I am long